Applications for grants by the Facility Investing for Employment can be submitted from 1 June 2023.
The Facility Investing for Employment will soon launch competition rounds in Côte d’Ivoire, Egypt, Ethiopia, Ghana, Rwanda, Senegal, and Tunisia. The Calls for Proposals are open to projects that have the potential to create a high number of jobs. There will be a special category “Climate” in three countries.
From 1 to 30 June 2023, companies as well as public and non-profit organisations can submit investment proposals. Applications can be submitted in four categories. They range from purely private sector investments to public infrastructure projects. The projects are selected in a two-step process. It is essential that each project contributes to the creation of good jobs in the private sector of the partner country. The Facility only finances mature projects that have not yet started and that offer reasonable chances for being operationally and financially sustainable.
The Calls for Proposals seek applications for four types of investment projects:
- Not-for-profit Projects with job creation impact (no revenues): IFE covers up to 90% of the investment costs.
- Not-for-profit Projects with job creation impact (generating revenues): IFE covers up to 75% of the investment costs.
- For-profit Projects with broader job creation impact: IFE covers up to 35% of the investment costs.
- For-profit Projects with job creation impact: IFE covers up to 25% of the investment costs.
The competition rounds are open to all sectors of the economy. In Côte d'Ivoire, Senegal and Tunisia, there will be a special "climate" category in addition to the thematically open competition. Candidates can apply individually or in a consortium with other candidates, provided they are based in African countries or in the EU/EFTA. The Facility Investing for Employment supports projects with grants ranging from 1 million to 10 million euros per project. Applicants are obliged to contribute own funds to complete the project finance. They must also prove that they cannot cover their funding needs from other sources.
Companies as well as public and non-profit organisations can submit concept notes as soon as the Calls for Proposals open.
The Facility Investing for Employment is an investment mechanism created by KfW Development Bank on behalf of the German Federal Ministry for Economic Cooperation and Development (BMZ) as an integral part of the Special Initiative "Decent Work for a Just Transition".
General information on the application process is available on our website.
The competition criteria and the dates of the online information sessions are published in the Key Information Sheet and the Guidelines for Applicants. Both documents will be made available in the Download Center.
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